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Allison Co . has a beginning inventory costing $ 9 0 , 0 0 0 and an ending inventory costing $ 1 2 0 ,

Allison Co. has a beginning inventory costing $90,000 and an ending inventory costing $120,000. Sales were $380,000. Assume Allison's markup rate (markup is based on selling price) is 40%. Based on the selling price, the inventory turnover at cost (to the nearest hundredth) is:
Group of answer choices
1.58
1.47
None of these
2.22
2.17

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